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Meridian Real Estate & Investments
2314 W Pico Boulevard, Los Angeles, CA 90006
- $1,575,000
- 16
- BD
- 16
- BA
- 9,408
- SqFt
- List Price
- $1,575,000
- Price Change
- ▼ $74,000 1793926269
- Status
- ACTIVE
- MLS#
- 26104959
- Year Built
- 1922
- Bedrooms
- 16
- Bathrooms
- 16
- Living Sq. Ft
- 9,408
- Lot Size
- 7,005
- Acres
- 0.16
- Days on Market
- 9
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
BK SALE/DISTRESSED ASSET! The Property May Qualify for Financing w/Current Lender up to 70% LTV @7.99% IO. Pico Apartments, 98k per Unit. 16-unit multifamily investment opportunity located at 2314 W Pico Boulevard in the Harvard Heights neighborhood of Los Angeles. The property consists of 16 single units and is 100% occupied, providing investors with immediate in-place cash flow and long-term rental upside. Significant capital improvements have already been completed, including a seismic retrofit, mini-split A/C in every unit, and a full electrical upgrade with individual meters. Strategically positioned between Koreatown, Downtown Los Angeles and the USC/Exposition Park corridor, the property offers a 91 Walk Score and convenient access to major employment, entertainment and educational destinations.
Additional Information
- Appliances
- Vented Exhaust Fan
- Heat
- Floor Furnace
- Attached Structure
- Detached
- Number Of Units Total
- 16
Listing courtesy of Listing Agent: Todd Bernstein (todd@toddbernstein.com) from Listing Office: Coldwell Banker Realty.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.